NSW/
Griffith

Suburb Profile

Griffith - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2680

house
unit

Property investors have seen a 1.13% gain in GRIFFITH based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains GRIFFITH, 2680 saw average growth in the long term.

The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $313,500

Profits averaged 6.1% per annum over a 3-year period, due to an upward trend in home prices in GRIFFITH, 2680.

This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.

The gross rental yield in GRIFFITH, 2680 is 5.64%.

An average of 25.33 real estate transactions take place per month in GRIFFITH which translates to 304 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $313,500 $252,500
GROWTH REPORT
Median Quarterly 1.13% 1.41%
Median 12 month 2.28% 28.83%
Median 3 years 18.3% 33.25%
Median 5 years 19.43% 23.17%
10 years average annual 1.41% 1.93%
Weekly media advert. rent $340 $290
Time on Market 72.4 days 98.2 days
Gross Rental Yield Percent 5.64% 5.97%
demographics (median values)
Total Population
15827
Weekly Household Income
924.6
Household Size
2.60
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